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In the ever-evolving landscape of agriculture and its integral role in feeding the world's growing population, there arises a pressing need for visionary leaders who can navigate the complexities of both farming and business. This is where the Master of Business Administration or an MBA degree, with a specialised focus on Agri-Business, emerges as a powerful tool to cultivate innovation and growth in the agricultural sector.
In this blog, we will learn about Agribusiness, and what is MBA Agri-Business along with its job scope.
What is Agri-Business?
Agri-Business, short for Agricultural Business, refers to the economic activities related to the production, processing, marketing, and distribution of agricultural products and services. It encompasses all the business operations involved in the agricultural sector, from farm to fork. Agri-Business involves the integration of agricultural sciences, technology, and business management principles to ensure the efficient and profitable operation of agricultural enterprises.
Agri-Business is not limited to traditional farming practices; it extends to the entire agricultural value chain, including post-harvest handling, transportation, storage, and retailing. The goal of Agri-Business is to ensure a smooth flow of agricultural products from producers to consumers while maximising efficiency, profitability, and sustainability.
The Key Components of Agri-Business include:
- Agricultural Production
- Agro-Processing
- Agricultural Marketing and Distribution
- Agri-Finance
- Agri-Tech
- Agri-Input Supply
- Agricultural Policy and Regulations
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MBA in Agri-Business
- MBA Agri-Business is a specialised MBA program with a duration of two-year focusing on the key areas of the agriculture sector.
- This MBA program goes beyond conventional business education by addressing the unique challenges and opportunities inherent in the agricultural sector.
- By blending core business principles with a profound understanding of agriculture's intricacies, this program empowers students to develop innovative solutions that drive sustainable growth and profitability.
- MBA eligibility for this program requires students to have a minimum of 50% marks in their bachelor's in any discipline from a recognised university.
- There are many Agriculture Business Management Colleges which accept direct admission on the basis of merit, while few conduct MBA entrance exams for their admission intake.
- Graduates with an MBA in Agri-Business Management have diverse career opportunities, ranging from agri-entrepreneurship and farm management to roles in agribusiness corporations, financial institutions, consulting firms, and government agencies.
Syllabus of MBA in Agri-Business
The syllabus of an MBA in Agri-Business may vary slightly from one university or institution to another, but it generally covers a blend of agricultural and business-related subjects.
Below is a typical syllabus outline for an MBA in Agri-Business:
SEMESTER 1 |
SEMESTER 2 |
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SEMESTER 3 |
SEMESTER 4 |
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Jobs after MBA in Agri-Business
After completing an MBA in Agri-Business, graduates gain a unique skill set that positions them for a variety of exciting and rewarding career opportunities within the agricultural sector and related industries.
Here are some of the prominent job roles and career paths that graduates can pursue:
Job Profile |
Job Description |
Average Salary |
Sustainability Manager |
You will be responsible for implementing eco-friendly initiatives and ensuring responsible resource management. |
₹13 LPA |
Agricultural Supply Chain Manager |
You will be responsible for logistics, procurement, distribution, and optimising the supply chain to ensure efficiency and timely delivery. |
₹12.5 LPA |
Agricultural Finance Manager |
You will be responsible for handling financial planning, budgeting, and investment decisions for agricultural businesses. |
₹11 LPA |
Agricultural Marketing Manager |
You will be responsible for promoting agricultural products and devising strategies to reach target markets effectively. |
₹9.7 LPA |
Agricultural Trade Specialist |
You will be responsible for working with importers, exporters, and trading companies to facilitate the global exchange of agricultural products. |
₹6.3 LPA |
Agri-Tech Manager |
You will be responsible for adopting and integrating new technologies to enhance productivity and sustainability. |
₹4.5 LPA |
Agribusiness Consultant |
You will be responsible for offering your expertise to agricultural companies, cooperatives, and organisations. |
₹4 LPA |
Top recruiters for MBA in Agri-Business
The job market for MBA graduates in Agri-Business is diverse, with opportunities available in various sectors related to agriculture and allied industries.
Some of the top recruiters for MBA in Agri-Business include:
- Bayer
- Syngenta
- Rallied
- Indofil
- Godrej Agrovet Limited
- National Agro-Industry
Conclusion
Pursuing an MBA in Agri-Business opens a gateway to a world of possibilities at the intersection of agriculture and business. This specialised degree equips students with a unique skill set, blending agricultural sciences with modern business management principles.
You can apply for the MBA program at Sunstone if you plan to pursue an MBA postgraduate degree. You receive a lot of advantages that will help you develop your career. 70+ training and development sessions by top recruiters and industry experts, learn from expert guest faculty who are ex-IIMs and IITs, build a professional portfolio and many more benefits you get if you apply with Sunstone.